We have 5 clear impulsive waves dropping down.The corrective move looks almost done. The signal for one more move down is very reliable.
Good luck!
Feb 24, 2010
S&P 500 Very short term
We have 5 clear impulsive waves dropping down.The corrective move looks almost done. The signal for one more move down is very reliable.
FTSE100 - Elliott Wave update
As I expected, the corrective move bounced up to the Fibonacci levels (61.8%). With last week's expected pullback, the immediate pressure has shifted on the downside. Trading with slight downside bias, probable dropping can be expected next couple of days. The price action already made 5 impulsive waves downside about now. We still don't have strong SELL signals.
Good luck !
Feb 22, 2010
EUR/USD
This pair is diverging for weeks, and already painted 5 waves up. The correction reached 38.2% Fibonacci, giving me reason to open long position. If it is ordinary "zig-zag" the target is good as well.
EUR/JPY
In 1 hour time frame the pair has made upside complex (w,x,y,x,z), containing few "zig- zags".I noticed diverging indicators, which means the bounce up is done about now. There is a good opportunity to short the market. The nearest and most possible target is around 123.00 price. 
Feb 19, 2010
AEX - To the horses!!!
As you've noticed, I prefer to analyze and trade not as "famous" instruments, as DJIA or SPX ets. Why? The answer is - there is a lot of "noise" there, because they are the most traded instruments in the world.
Isn't the most important thing for us- the "market speculators", to find out where are the most reliable patterns, and signals to trade or invest in ??? . Most important thing for us is to make cash, alongside with satisfying our EGO, make us feel proud of our selfs.
I can assure you, there are many not so "famous" instruments, who paint very clear and reliable wave patterns, and give reliable signals, worth to be traded. It doesn't make sense to follow, and chase only one instrument, wherever it goes.
Few years ago I had such a bad experience, when I was chasing only one.Then I felt I had the duty to be in the GAME all the time. Suddenly one day I found my trading account empty. That is one of my stories.
My preferred count about AEX is 5 waves as an "expanded leading diagonal". Alt one is for a complex (W)(X)(Y). One"zig-zag" is completed and (C) wave of the second one is underway.
The current move has corrected the pattern to 38.2%Fibonacci, which forced me to open short position. The red bear line stopped the price about now. The first target is around 301.50. If the price action breaks 296.36 resistance, the bears could lead the price to 286.50, where is my second target.
Good luck!!!
Isn't the most important thing for us- the "market speculators", to find out where are the most reliable patterns, and signals to trade or invest in ??? . Most important thing for us is to make cash, alongside with satisfying our EGO, make us feel proud of our selfs.
I can assure you, there are many not so "famous" instruments, who paint very clear and reliable wave patterns, and give reliable signals, worth to be traded. It doesn't make sense to follow, and chase only one instrument, wherever it goes.
Few years ago I had such a bad experience, when I was chasing only one.Then I felt I had the duty to be in the GAME all the time. Suddenly one day I found my trading account empty. That is one of my stories.
My preferred count about AEX is 5 waves as an "expanded leading diagonal". Alt one is for a complex (W)(X)(Y). One"zig-zag" is completed and (C) wave of the second one is underway.
The current move has corrected the pattern to 38.2%Fibonacci, which forced me to open short position. The red bear line stopped the price about now. The first target is around 301.50. If the price action breaks 296.36 resistance, the bears could lead the price to 286.50, where is my second target.
Good luck!!!
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